FXReports.net Excalibur v3.5 forex robot review - Cancelled

[Pheniox_Bernard]

Originally Posted by greatwealth

Dear Pipcop,
Please I bought this EA but having difficulty intalling it in my account with FXCM, the EA was developed with four digit broker setting and my account is five digits. How do you suggest I convert it to suit my broker 's platform.

We have explained this subject in the support forum but it is easy at time to over look certain threads there.

Note: If your broker uses a 5 digit currency , for example the EUR/USD 1.32456 instead of the normal 1.3245 then you will have to change several setting. Test this on a demo first to be sure the settings are correct.

StepOrders = 100.0
InitialStop = 500
TakeProfit = 10000
PendOrdGap = 300
BreakEven = 2000
Slippage = 30
Profit4Start = 3000
TrailingStop = 1000

[Pheniox_Bernard]

Originally Posted by johno

Hi Alpine
How long have you been trading this one. There are some demo account results on his site from StorminNorman that look unbelievable.I cant log in to them though.Maybe Bernard can shed some light.I think Evolution died a long protracted death, if we are talking about the one reviewed here.
Johno

Johnno

There is no need to log into the accounts as all are static on the support site same as here and all one has to do is click on the statement link and it is live and updated every 5 minutes.

There has been many posts related to accounts nearly " blown". It would be a pleasure if traders would follow the instruction to the letter and not experiment with something that has yet to kill any account and has made continued profits, even thought there have been losses since last October.

Instructions have been very clear on every forum it is posted on and if a person is looking to turn a 3k account into a million dollars in a month then they are reading far too many ads coming into their mailbox, and then they are using the wrong program.

I have made it clear from the beginning that Excalibur is designed to return from 3% to 10 % per month or better and that it is programmed for the trader that understands that an account is an investment and as such we a re looking for a far better return that any bank account will give us.

All the support forums have the same content from the same traders that have been using Excalibur for several months now. It loses trades then recovers extremely well.

To judge any program over a week or a month of trading is foolish and a waste of time for anyone. There is no "Holy Grail" that will make us rich over night.

As to the Fap thing i really get tired of hearing about this program that is banned from most brokers and has almost wiped out several of my accounts many times. I do not trade on demo accounts and all my accounts are live and funded by me to show that I have comlete faith in my products. I also own almost every ea out there and run them all on live accounts to see what the others are doing.

I find it interesting that I log into a few forums and find posts that put down the program when there is a complete support forum that covers almost every question that has been asked.

I also find it strange to find a few traders here that have never posted in the support forum or others that have, and have been quickly corrected by Senior Traders that have been with me for several years and own every program I have ever released.

Excalibur wil not kill any account if it is set up properly and with the proper account.

A demo account should never be set up with more funds than a trader is planning to actually invest. Openning a demo with 50 k is more than foolish if you have no intentions of ever funding a live account with that amount.

We have many members with accounts of only $ 300.00 and are doing fine. They have originally openned a demo account with $ 300.00 and used the demo as if it were their own money, and traded the demo, as if it were a real account.

Trying to leasrn anything with a demo account that is no where near your own reality as I said is a waste of time and you learn nothing.

My phone number is listed and available to anyone. My e-mail address is not a hotmail mail address, that I hide behind, but my real address, and if anyone has any problems or questions, I have a solid reputation of always answering all questions, spending hours on the phone, and never sleeping...lol

If there are questions related to the Excalibur program I would really appreciate it if traders would contact me personally on these issues and get the proper answer.

A post on the support forum is the quickest way to get not only an answer from me but from the many experienced traders that have been using the Excalibur program for some time.

To Success
Bernard

[Pheniox_Bernard]

Updated and now works fine with 5 digit brokers and full stealth mode for the Take Profit features.

Also all new Money Management feature that is very simply to use.

To Success
Bernard

Our new Neutral Network program took in 1000 pips and is still going in one day of trading.

Bernard

[mitaji]

Hi pipcop,
Do you manually cancel the trades on excalibur once a TP /SL is hit. I noticed all the cancelled orders.

[PipCop]

As seen in the Review FAQ unless stated in the first post of the review, orders are NEVER opened or canceled manually.

[Mavrik]

With only 3 weeks to go on this site's mandatory demo test before moving to live testing, I'd say that this bot is deserving of a live account test, unless of course it caves in the last 3 weeks; unlikely, but possible. Bernard has been very forthcoming in his responses to this forum and I believe him to be sincere. I can't understand why this EA has not generated the forum activity as has other less successful in the demo arena, ie last post before this one is 3/22. Maybe the price has something to do with it.

p.s. where do we find info on the new neural EA?

[PipCop]

I agree. I would like this one to go live, along with the SAR and perhaps the ProtoType IX (to mix some free versus commercial robots). I think there is less discussion simply because it is doing well and has a good reputation.

I am not sure about the new EA you are referring to. Perhaps you can enlighten me?

[Pheniox_Bernard]

Originally Posted by Mavrik

With only 3 weeks to go on this site's mandatory demo test before moving to live testing, I'd say that this bot is deserving of a live account test, unless of course it caves in the last 3 weeks; unlikely, but possible. Bernard has been very forthcoming in his responses to this forum and I believe him to be sincere. I can't understand why this EA has not generated the forum activity as has other less successful in the demo arena, ie last post before this one is 3/22. Maybe the price has something to do with it.

p.s. where do we find info on the new neural EA?

Mavrik

Thank you for taking the time to post here.

I am also at a loss as to why there are few posts here however I am sure that many members here may have simply logged into our supprt form and perhaps posted or read the information need there.

Excalibur has and is performing well and keeping in mind that it is programmed with a stoploss , unlike some reported, successful, other programs without one that appear to do nothing but make profits while waiting in the background to eventually kill the account

I am not sure that the price is a hindering factor since there is a monthly payment plan as little as $30.00 a month so again perhaps everyone is on the support forum.

Here at PipCorp it has done very well other than one broker , as I had expected since IBFX is the recommended broker and a few otheres that are performing well also.

Not sure how the Icon system works here but waiting patiently for the Icons to change on teh Excalibur program here, patience is my best friend at times.

Your question as to to Neural EA . actually the Netural Network Program named Neuro Net.

The Neur Net program is the first real Netural Network, that makes its decisions based on data feeds ,related to stock markets, precious metals and bonds as well and minute by minute news feeds, that the program uses to determine what other world affiars will affect the currency markets, and then makes its trades based on this information.

The program that resides on the client side is a slave program, that is tied to the master program on my server here. It currently runs on a Sun Enterprise Server worth around $ 250,000 USD and even this server, is taxed at times with all the incoming information, it has to use, to make a decision.

Netural Networks are not new as they have been designed and used successfully in the Medical fields and in many Space programs, determining projections, that involve real life and death situations. Sorta like making a trade at time so it feels....lol

It is called a Netural Network since it is completely distant from the Forex world , a netual position without emotions, non dependent on indicators, etc,when it makes its decisions. It looks at other events that are well known to affect world politics, economy's and other things that will definately also affect how a countries currencies will react to these events.

Although never attempted on this scales before it has proved to be more than a dream and has produced over 3000 pips in the past three wekks and more for several other members that are presently beta testing this never before done sucessfully type of program.

Netural Networks are and will be the wave of the future and many are scrambling to figure out how best to approach this new frontier. From what we have experienced so far in trading wehn we know that country A is in conflict with country B or the price of oil has moved or precious metals haved changed in prices , we know well in advance what currency will be affected and as such the Netural Network places its orders well before the Forex Market are aware of any upcoming changes or breaking news.

More information on the Neuro Network can of course be found in our support forum and when finished and if successful will make most other programs obsolete, if successful...

To Success
Bernard Balan
Senior Trader
Fx Reports

[mitaji]

Originally Posted by Pheniox_Bernard

I am not sure that the price is a hindering factor since there is a monthly payment plan as little as $30.00 a month so again perhaps everyone is on the support forum.

Fx Reports

I agree with Bernard. Price has got nothing to do with it. Its all in the marketing.Some of these other 'successful' EAs get more posts because people want an EA that will make 50% a month or 1000% a year, which I think is ridiculous.Whenever a sensible way of making money like Excalibur comes along it is ignored because it represents reality and not fantasy.

[Mavrik]

Bernard, you mentioned that IBFX is the design, preferred broker for this EA. Can you explain why the demo test here at Pip Cop has two others beating IBFX by substantial amounts? Yes, I'm aware that a demo is not a true and real world result, but the difference is substantial.